Plan Ledger DOL Form 5500 · updated monthly

Weaver Brothers, Inc.Profit-sharing plan

WEAVER BROTHERS, INC. PROFIT SHARING PLAN · VERSAILLES, OH · plan year 2024

Reported admin expense ratio · 2024
0.78%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Weaver Brothers, Inc. reported $38,804 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $4,367 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,491st of 3,295), and 3,585th of 4,246 in wholesale trade. active participation has grown from 214 to 257 since 2022.

Plan summary
Net assets, end of year$5,377,379
Participants with balances386
Active participants257
Employer contributions$1,122,215
Employee contributions—
Employer contribution per active participant$4,367
Average account balance$13,931
Benefits paid to participants$580,829
Plan auditUnmodified (clean) audit opinion
AuditorMCCRATE, DELAET & CO. CPA
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 386 accts · $1.1M emplr
2023$4.6M · 356 accts · $650K emplr
2022$3.9M · 368 accts · $585K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,804
Total administrative$38,804
Employer contributions to the Weaver Brothers, Inc. plan · 2024
Employer contribution per active participant$4,367
Median for plans this size$1,313
2024$4,367 per active participant
2023$2,887 per active participant
2022$2,734 per active participant

Weaver Brothers, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STATE BANK · Trustee$38,804
MCCRATE, DELAET & CO. · Accounting / auditindirect comp
JACOB, HAXTON & BOORD LLC · Plan administratorindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$38,804 · 0.78%
2023$32,323 · 0.76%
2022$32,115 · 0.79%
Same employer
Similar plansWholesale Trade · Ohio
Mfs Supply, LLC OH$6.1M · 0.78%
Santmyer Companies, Inc. OH$6.1M · 0.80%
Winston Products, LLC OH$5.4M · 0.10%
Byer Steel Group OH$4.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344468606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.